Atria Investments Inc Increases Stock Position in JPMorgan Municipal ETF $JMUB

Atria Investments Inc grew its stake in JPMorgan Municipal ETF (BATS:JMUB) by 23.7% during the second quarter, Holdings Channel.com reports. The fund owned 7,923 shares of the company’s stock after acquiring an additional 1,520 shares during the period. Atria Investments Inc’s holdings in JPMorgan Municipal ETF were worth $393,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. U.S. Capital Wealth Advisors LLC boosted its position in shares of JPMorgan Municipal ETF by 2.4% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 8,707 shares of the company’s stock worth $432,000 after purchasing an additional 208 shares during the period. Perennial Advisors LLC raised its position in JPMorgan Municipal ETF by 2.5% in the second quarter. Perennial Advisors LLC now owns 12,175 shares of the company’s stock valued at $604,000 after purchasing an additional 300 shares during the period. Madison Wealth Partners Inc lifted its stake in JPMorgan Municipal ETF by 5.3% during the second quarter. Madison Wealth Partners Inc now owns 6,749 shares of the company’s stock worth $335,000 after purchasing an additional 340 shares in the last quarter. Optima Capital LLC lifted its stake in JPMorgan Municipal ETF by 4.4% during the second quarter. Optima Capital LLC now owns 8,410 shares of the company’s stock worth $417,000 after purchasing an additional 355 shares in the last quarter. Finally, Friday Financial boosted its position in shares of JPMorgan Municipal ETF by 3.3% during the second quarter. Friday Financial now owns 11,541 shares of the company’s stock worth $573,000 after buying an additional 367 shares during the period.

JPMorgan Municipal ETF Trading Up 2.0%

Shares of BATS JMUB opened at $50.81 on Wednesday. The stock has a market capitalization of $3.12 billion, a PE ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a twelve month low of $47.95 and a twelve month high of $51.31. The stock has a fifty day simple moving average of $50.47 and a 200-day simple moving average of $49.79.

JPMorgan Municipal ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Tuesday, October 21st were given a $0.1214 dividend. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, October 21st.

JPMorgan Municipal ETF Company Profile

The JPMorgan Municipal ETF (JMUB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds an actively managed portfolio of various US municipal securities. JMUB was launched on Oct 29, 2018 and is managed by JPMorgan Chase.